## Simulation of investment $1 000 at 9% over 24 months

See how much you may gain if you invest $1 000 at 9% over 24 months period.

Initial equity: | $1 000 |

Sum of payments: | $12 000 |

Interest rate: | 9% |

Investment duration: | 24 months |

Final equity: | $14 331 |

Interest: | $1 331 |

### Compound Interest Table

Period | Invested equity | Interest | Final equity |
---|---|---|---|

1 year | $7 000 | $379 | $7 307 |

2 year | $13 000 | $1 331 | $14 078 |

$13 000 | $1 331 | $14 331 |

An investment of $1 000 at 9% interest rate with monthly payment $500 over 24 months will bring you $1 331 in return. The final equity will be $14 331.

### Alternative simulations

#### Higher interest rate

See how much you could gain if interest rate were higher.

- Monthly deposit of 500 for 2 years at 9.9% per year with an initial starting balance of 1000
- Monthly deposit of 500 for 2 years at 10.8% per year with an initial starting balance of 1000

#### Longer time of investment

See how much you could gain if time of investment were longer.

- Monthly deposit of 500 for 3 years at 9% per year with an initial starting balance of 1000
- Monthly deposit of 500 for 4 years at 9% per year with an initial starting balance of 1000

#### Bigger initial balance

See how much you could gain if initial balance were higher.